1D Price broke upward trend line and heading for a potential correction of wave reversal. 1H: Entry point identified at breakout of current triangle pattern with stop loss above 200 MA and take profit at hitting Long Term Bullish Trendline.
Swing Trade riding downward wave with tight stop loss.
Swing Trade riding downward wave with tight stop loss.
Trade active:
I hope u did not get stopped by the spike to the upside. We should be closing on the profit target very soon.
Comment:
Stop loss tightened to 1.535 to lock some profits out of this trade.
Trade closed: stop reached:
We got closed on the tight stop loss. However, it has been a good trade with some profit.